Renewable Energy

• By the end of 2020, renewables accounted for 29 percent of worldwide power production.
• The worldwide renewable energy industry is predicted to increase further in the next years, reaching 1.1 trillion US dollars by 2027.
• In the future, the Europe and Middle East regions will present greater economic chances for renewable energy.
• The renewable energy industry is being driven by a growth in demand for renewable energy, an increase in electricity consumption, and an increase in legislative and financial efforts.
• Emerging economies like as India and China are pushing demand for renewable energy, creating a worldwide market potential.